India initiates first Rupee payment for oil to UAE; explores global currency adoption
India has made its first-ever payment in rupees for crude oil obtained from the UAE, marking a significant move in...
Currencies
The Currency of Christmas – Magnolia Tribune
Robert St. John reminds us that at Christmas, connection is key. The season is hard on many for various reasons...
India’s Push to Internationalize the Rupee Is Misfiring
India's efforts to achieve increased international acceptance for its currency are floundering. No oil trades were settled in rupees during...
First rupee payment for oil to UAE: India looks for more deals, no targets: Officials
Representational image. India’s first-ever payment in rupees for crude oil purchased from the UAE is helping the world’s third largest...
First rupee payment for oil to UAE: India looks for more deals, no targets: Officials
India's first-ever payment in rupees for crude oil purchased from the UAE is helping the world's third largest energy consumer...
Experts doubt rebound in yen, cite structure of Japan’s economy
The yen has slightly appreciated on expectations of a shrinking gap in interest rates between Japan and the United States,...
The currencies that tell the story of the global economy in 2023
At the other end of the spectrum, the Japanese yen and the Norwegian Krone vied to be the biggest fallers...
From the tumbling peso to the soaring pound – 2023’s currency winners and losers
Global CurrencyHoliday makers can hardly have failed to notice 2023 was a stellar year for the pound. Of the world’s...
India wanted to ditch the US dollar and buy oil in rupees. No seller wanted to get involved.
A trader counts new 2,000-rupee notes at a wholesale vegetable market in Bangalore, IndiaAP Photo/Aijaz RahiIndia's efforts to achieve increased...
Syrian pound fell by 113% in black market and 180% in official exchange rate in 2023
The value of the Syrian pound against the US dollar decreased by a percentage that reached 113.5% on an annual...
